PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-07-02

RANDOLPH HOSPITAL, INC

Ownership, control, relationships, and source records for RANDOLPH HOSPITAL, INC.
Ownership receipt

What we can say clearly

RANDOLPH HOSPITAL, INC has a completed North Carolina state-template dossier baseline with official identity, CMS enrollment/owner context when matched, CMS Care Compare point-in-time context when matched, HCRIS financial/utilization context when matched, and explicit limitations for missing fields. Unsupported ownership, compensation, labor, quality-trend, or causation claims are not inferred.

Finding
Documented investment signal
Last reviewed
2026-07-02
Evidence
8 cited sources
Documented warningPossible ownership change under review

RANDOLPH HOSPITAL, INC has a completed North Carolina state-template dossier baseline with official identity, CMS enrollment/owner context when matched, CMS Care Compare point-in-time context when matched, HCRIS financial/utilization context when matched, and explicit limitations for missing fields. Unsupported ownership, compensation, labor, quality-trend, or causation claims are not inferred.

Documented investment signal
Last verified Jun 2026
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Key sources

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Control Map

This leads to this

reported ownership or operating chain
Cone HealthRANDOLPH HOSPITAL, INC
governs
LORETTA LONGRANDOLPH HOSPITAL, INC
governs
TIMOTHY FORDRANDOLPH HOSPITAL, INC

Evidence limits

Red color requiredCMS enrollment match used where available13 ownership sources checked8 total sources below
Direct PE ownershipNot documented as direct PE ownership in this state-template pass
PE relationshipWatchlist signal
OperatorCone Health
Population served

RANDOLPH HOSPITAL, INC is shown with official-source baseline context for North Carolina. Missing fields remain visible instead of being inferred.

Review Note

Why this page is published

completed state-template official-source baseline

Publish state-template completion fields while preserving explicit unavailable/searched-not-found limitations.

Ownership & Control

Detailed records, kept below the answer

Sponsor, operator, CMS legal-owner/control records, and facility are shown as separate evidence layers.

See the full ownership chain
reported ownership or operating chainCone HealthRANDOLPH HOSPITAL, INC

The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows.

governsLORETTA LONGRANDOLPH HOSPITAL, INC

CORPORATE OFFICER · 0% reported ownership · associated 10/01/2021

governsTIMOTHY FORDRANDOLPH HOSPITAL, INC

CORPORATE OFFICER · 0% reported ownership · associated 09/30/2020

is associated withTIMOTHY FORDRANDOLPH HOSPITAL, INC

W-2 MANAGING EMPLOYEE · 100% reported ownership · associated 09/30/2020

governsCHARLES WESTRANDOLPH HOSPITAL, INC

CORPORATE OFFICER · 0% reported ownership · associated 10/01/2021

governsTREMONTEO CRAWFORDRANDOLPH HOSPITAL, INC

CORPORATE OFFICER · 0% reported ownership · associated 10/01/2021

owns an interest inAMERICAN HEALTHCARE SYSTEMS CORP INCRANDOLPH HOSPITAL, INC

5% OR GREATER DIRECT OWNERSHIP INTEREST · associated 03/30/2020

governsANGELA BURGESSRANDOLPH HOSPITAL, INC

CORPORATE OFFICER · associated 10/01/2021

governsFAISAL GILLRANDOLPH HOSPITAL, INC

CORPORATE DIRECTOR · 0% reported ownership · associated 09/30/2020

owns an interest inMIKE SARIANRANDOLPH HOSPITAL, INC

5% OR GREATER INDIRECT OWNERSHIP INTEREST · associated 10/01/2021

governsMIKE SARIANRANDOLPH HOSPITAL, INC

CORPORATE OFFICER · 100% reported ownership · associated 09/30/2020

governsMIKE SARIANRANDOLPH HOSPITAL, INC

CORPORATE DIRECTOR · 50% reported ownership · associated 09/30/2020

  • CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.

Timeline

Ownership history and events

  1. CMS before/after ownership event

    RANDOLPH HOSPITAL, INC. -> AMERICAN HEALTHCARE SYSTEMS LLC.

  2. venture backing

    Cone Health is reported as an investment backer; this is not treated as a completed ownership claim.

  3. cms owner context

    CMS Hospital All Owners rows are attached as current owner/control context. They do not by themselves prove private-equity sponsorship unless the row says so or another cited source supports it.

  4. operates

    State-template baseline operator/owner context assembled from current hospital fields and matched official sources where available. This is not a new PE ownership claim.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue01/01/2023 to 12/31/2023$108,510,650Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue01/01/2022 to 12/31/2022$119,642,100Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2021 to 12/31/2021$24,492,145Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net patient revenue10/01/2020 to 09/30/2021$81,335,575Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2023 to 12/31/2023$111,003,848Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense01/01/2022 to 12/31/2022$108,040,573Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2021 to 12/31/2021$29,740,894Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
operating expense10/01/2020 to 09/30/2021$114,028,459Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2023 to 12/31/2023$20,723,449Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income01/01/2022 to 12/31/2022$15,749,630Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2021 to 12/31/2021-$11,909,764Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
net income10/01/2020 to 09/30/2021-$31,823,922Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2023 to 12/31/2023$86,155,943Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets01/01/2022 to 12/31/2022$58,186,344Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2021 to 12/31/2021-$28,034,416Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total assets10/01/2020 to 09/30/2021$123,217,489Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2023 to 12/31/2023$38,504,540Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities01/01/2022 to 12/31/2022$30,611,455Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2021 to 12/31/2021-$16,613,198Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
total liabilities10/01/2020 to 09/30/2021$90,842,113Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2023 to 12/31/2023$491,270Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care01/01/2022 to 12/31/2022$3,437,968Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2021 to 12/31/2021$871,479Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
contract labor direct patient care10/01/2020 to 09/30/2021$2,108,130Hospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2023 to 12/31/2023827.93 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees01/01/2022 to 12/31/2022791.76 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2021 to 12/31/2021173.01 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
fte employees10/01/2020 to 09/30/2021605.33 FTEHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2023 to 12/31/2023145 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds01/01/2022 to 12/31/2022145 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2021 to 12/31/2021145 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
beds10/01/2020 to 09/30/2021145 bedsHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2023 to 12/31/202317,168 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days01/01/2022 to 12/31/202218,681 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2021 to 12/31/20215,016 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
patient days10/01/2020 to 09/30/202114,840 daysHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2023 to 12/31/20235,725 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges01/01/2022 to 12/31/20225,733 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2021 to 12/31/20211,555 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.
discharges10/01/2020 to 09/30/20214,960 dischargesHospital Provider Cost Report value. Compare only like fields and compatible fiscal periods; no causal inference is implied.

Evidence Notes

Contradictions, limitations, and unavailable fields

Open evidence notes
Limitation

CMS corroborates an enrolled ownership chain, but its owner names do not independently reproduce every sponsor or portfolio-company name from the tracker.

Limitation

The investment signal does not establish completed private-equity ownership or a pending sale.

Limitation

This five-state template completion pass used official cached CMS/HIFLD/PESP/HCRIS sources and records missing items; it does not claim the entire internet was exhausted.

Unavailable

Precise acquisition date

Unavailable

Official facility URL

Unavailable

source-backed local CEO/current leader

Unavailable

official CEO image URL

Unavailable

facility-level CEO compensation amount

Direct connection

Reported parent system or portfolio company: Cone Health.

Direct connection

Operator/owner context: Cone Health.

Direct connection

CMS Care Compare ownership category: Voluntary non-profit - Private.

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Sources

Evidence and source documents